EBay Inc.

NASDAQ:EBAY   3:59:59 PM EDT
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Community, Regulatory, Earnings Announcements

UK competition watchdog probes Ebay/Adevinta classifieds ads deal

Published: 12/17/2020 07:20 GMT
EBay Inc. (EBAY) - Competition and Mkts - Merger Update: Adevinta/ebay.
Start of Cma Merger Investigation: Anticipated Acquisition by Adevinta Asa of Ebay Classifieds Group From Ebay Inc., and Ebay Inc.'s Acquisition of a Minority Stake in Adevinta Asa.
Cma Announced Launch of Its Merger Inquiry by Notice to Parties on 17 December 2020 and Has a Deadline of 16 February 2021 for Its Phase 1 Decision.competition and Markets Authority is Considering Whether This Transaction.
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May Be Expected to Result in a Substantial Lessening of Competition Within Any Market Or Markets in United Kingdom.
Revenue is expected to be $2.98 Billion
Adjusted EPS is expected to be $0.96

Next Quarter Revenue Guidance is expected to be $2.88 Billion
Next Quarter EPS Guidance is expected to be $0.90

More details on our Analysts Page.